Home / News / Scorpion Offshore marks entry to deepwater floater market with order to construct new semi

 A compact fifth-generation rig design, the DSS 38 has an enhanced deck load capacity and a user-friendly layout.

Scorpion Offshore has signed a contract with Keppel FELS to construct a deepwater semisubmersible at Keppel’s shipyard in Singapore. Construction is expected to span 42 months, with delivery in Q4 2011 at an anticipated cost of approximately $700 million, including owner furnished equipment, commissioning, project management and financing costs.

This rig will be based on Keppel’s proprietary DSS 38 design, a dynamically positioned, four-column semisubmersible capable of drilling wells to 8,500 m in water depths up to 2,400 m. The rig was ordered pursuant to a letter of commitment (LOC) from Petrobras for operations beginning prior to June 2012. The LOC has a duration of six years with potential revenue of approximately US $1.1 billion plus operating cost inflation adjustments throughout the contract term.

Scorpion Offshore marks entry to deepwater floater market with order to construct new semi

This entry by Scorpion into the deepwater segment of the offshore drilling business is the result of the continued execution of the company’s original strategy. Scorpion’s semisubmersible contract is its second contract with Petrobras, with the Offshore Defender having begun operations in Brazil in March. The addition of this deepwater semisubmersible to Scorpion’s fleet will supplement its ultra-premium jackup strategy.

With operational displacement of approximately 38,000 tonnes, the DSS 38 has housing facilities for a crew of up to 130 men. It has both vertical and horizontal riser storage. The eight 3000kW azimuth thrusters configuration are designed to keep the vessel in position. All configurations comply with the American Bureau of Shipping Dynamic Positioned System (DPS-2) requirements.

With the latest rig, Keppel FELS will be constructing three DSS 38 rigs – including two units for Queiroz Galvao, three DSS 21 rigs for Maersk Contractors and one DSS 51 rig for Transocean. Designed by Keppel O&M’s Deepwater Technology Group and Marine Structures Consultants of the Netherlands, the first DSS series semisubmersible, Maersk Explorer, began operations in 2003.

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